The Enid Municipal Authority received approval Tuesday for an $11,000,000 loan from the Oklahoma Water Resources Board (OWRB) to refinance a portion of a Clean Water State Revolving Fund loan obtained in May 2010.
In May 2010, the Authority used CWSRF proceeds for the construction of a detention pond, headworks, primary and secondary clarifiers, a sludge pump station, a cascade aeration and UV disinfection unit, splitter boxes and an administrative building. The Authority will use the current funds to refinance a portion of the 2010 loan while maintaining the original loan term. The project in 2010 provided an improvement in water quality to community residents and businesses in and near the Authority.
The CWSRF program is administered by the Oklahoma Water Resources Board with partial funding from the U.S. Environmental Protection Agency. The CWSRF program has provided approximately $1.6 billion in wastewater loans to provide communities the resources necessary to maintain and improve the infrastructure that protects our valuable water resources statewide.
Since 1983, the Oklahoma Water Resources Board has approved over $4.3 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.
“We are grateful to State legislators from the Enid area and northwestern Oklahoma for their support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.